Business recovery accompanied by increased passenger numbers and a return to profitability

「As a result of these initiatives, operating revenue reached a record high of ¥59,000 million for an interim accounting period, up 7.5% year on year. Although total operating expenses were ¥57,371 million, up 6.9%, the increase in revenue described above absorbed the higher costs, resulting in operating profit of ¥1,629 million, up 34.3%, and ordinary income and loss of ¥1,180 million, up 140.3%.」

「営業損失は3,329百万円（前年同期は1,630百万円の営業損失）となりました。」

「For the fiscal year, operating revenue was ¥110,441 million, up 1.4% year on year; operating profit was ¥1,801 million, down 1.4%; ordinary profit was ¥2,907 million, up 282.4%; and net profit was ¥1,638 million, down 23.7%.」

「The number of revenue passengers declined year on year due to strategic pricing aimed at maximising operating revenue. However, as passenger revenue per unit exceeded that of the same period of the previous year, operating revenue reached a record high for an interim accounting period. Operating expenses were ¥49,951 million, up 2.5% year on year, due to price increases resulting from global inflation, while operating profit was ¥1,213 million, down 47.8%.」

「During the interim accounting period, as passenger demand increased as described above, operating revenue was ¥54,488 million, up 4.7% year on year. Operating expenses were ¥48,731 million, up 6.2%, due to higher fuel prices and other costs resulting from global inflation, and operating profit was ¥2,324 million, down 26.9%. In non-operating income and expenses, the company recorded a foreign exchange loss of ¥2,252 million, mainly as a valuation loss on foreign-currency-denominated assets associated with the stronger yen. As a result, ordinary profit was ¥95 million, down 98.4%, while interim net income and loss was an interim net loss of ¥590 million, following recognition of ¥670 million in deferred income tax adjustments, compared with interim net profit of ¥3,318 million in the same period of the previous year.」

「For the fiscal year, operating revenue was ¥104,075 million, up 22.9% year on year; operating profit was ¥4,668 million, up 35.2%; ordinary profit was ¥7,463 million, up 101.0%; and net profit was ¥2,997 million, down 47.7%.」

「During the cumulative third quarter, as passenger demand recovered as described above, operating revenue was ¥78,210 million, up 25.0% year on year. Operating expenses increased to ¥68,596 million, up 24.4%, due to higher aviation fuel costs resulting from surging fuel prices and increased outsourcing costs related to aircraft maintenance, in addition to the increase in flights operated. Operating profit was ¥5,289 million, up 55.5%. Ordinary profit was ¥6,418 million, up 75.5%, due to the recognition of foreign exchange gains on foreign-currency-denominated assets associated with the weaker yen. Quarterly net profit was ¥3,590 million, up 91.3%.」

「As a result of steadily capturing strong passenger demand, operating revenue was ¥52,035 million, up 28.3% year on year. Operating expenses increased to ¥45,905 million, up 26.3%, due to higher aviation fuel costs resulting from surging fuel prices and increased outsourcing costs related to aircraft maintenance, in addition to the 3.0% year-on-year increase in flights operated. Operating profit was ¥3,180 million, up 93.5%. Ordinary profit was ¥5,978 million, up 46.0%, mainly due to the recognition of foreign exchange gains on foreign-currency-denominated assets associated with the weaker yen. Quarterly net profit was ¥3,318 million, up 22.7%, following recognition of ¥2,644 million in deferred income tax adjustments.」

「Against this backdrop, the number of revenue passengers during the cumulative first-quarter period reached a record high for a first-quarter cumulative period at 1,890,170, up 39.7% year on year, demonstrating a strong recovery.」

「For the fiscal year, operating revenue was ¥84,661 million, up 79.6% from the previous fiscal year; operating profit was ¥3,453 million, compared with an operating loss of ¥16,694 million in the previous fiscal year; ordinary profit was ¥3,713 million, compared with an ordinary loss of ¥15,079 million; and net profit was ¥5,726 million, compared with a net loss of ¥6,729 million.」

「During the cumulative third quarter, the number of revenue passengers increased 59.5% year on year to 5,181,147, resulting in operating revenue of ¥62,577 million. Operating expenses increased to ¥55,155 million from the same period of the previous year due to higher variable costs, including aviation fuel costs and airport usage fees, associated with the increase in flights operated. However, as operating revenue expanded, operating profit was ¥3,401 million. Ordinary profit was ¥3,656 million, reflecting foreign exchange gains on foreign-currency-denominated assets associated with the weaker yen and the recognition of listing-related expenses. Quarterly net profit was ¥1,876 million, after recognition of an impairment loss of ¥1,212 million on software under development during the cumulative second quarter.」